Disaster management: the impact of flood disaster on small medium enterprises in Malaysia
Flood is the most devastating natural disaster experienced which damages to human life and deterioration of environment. Malaysia has experienced major floods in various states since 1920s, but the most destructive flood in the history of the state occur currently in Kelantan in the year of 2014 whi...
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| Other Authors: | |
| Format: | Book Section |
| Language: | English |
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Universiti Putra Malaysia Press
2015
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| Online Access: | http://psasir.upm.edu.my/id/eprint/47249/1/CIB2015-DisasterManagement_MassHareeza%20%282%29.pdf |
| _version_ | 1796974769204101120 |
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| author | Mohd. Taib, Zaitun Jaharuddin, Nor Siah |
| author2 | Ali, Mass Hareeza |
| author_facet | Ali, Mass Hareeza Mohd. Taib, Zaitun Jaharuddin, Nor Siah |
| author_sort | Mohd. Taib, Zaitun |
| collection | UPM |
| description | Flood is the most devastating natural disaster experienced which damages to human life and deterioration of environment. Malaysia has experienced major floods in various states since 1920s, but the most destructive flood in the history of the state occur currently in Kelantan in the year of 2014 which likely to exceed more than RM1 billion losses or equal to USD 300 million (Malaysia National Security Council, 2015). Floods inflicted a huge negative impact to the economy and society, especially private properties, businesses and industries such as small medium enterprises (SMEs). Most businesses are short of financing to cover the losses incurred which lead to intention to quit among the SMEs by cease operation or to run at less capacity due to the floods. Since SMEs plays a prominent role to economics, there is a need for Qardhul Hasan financing scheme in helping those affected SMEs to rebuild their business without going through complicated process and high interest rate from microfinance institutions and banks in order to obtain a loan. |
| first_indexed | 2024-03-06T09:01:48Z |
| format | Book Section |
| id | upm.eprints-47249 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T09:01:48Z |
| publishDate | 2015 |
| publisher | Universiti Putra Malaysia Press |
| record_format | dspace |
| spelling | upm.eprints-472492021-09-04T00:43:20Z http://psasir.upm.edu.my/id/eprint/47249/ Disaster management: the impact of flood disaster on small medium enterprises in Malaysia Mohd. Taib, Zaitun Jaharuddin, Nor Siah Flood is the most devastating natural disaster experienced which damages to human life and deterioration of environment. Malaysia has experienced major floods in various states since 1920s, but the most destructive flood in the history of the state occur currently in Kelantan in the year of 2014 which likely to exceed more than RM1 billion losses or equal to USD 300 million (Malaysia National Security Council, 2015). Floods inflicted a huge negative impact to the economy and society, especially private properties, businesses and industries such as small medium enterprises (SMEs). Most businesses are short of financing to cover the losses incurred which lead to intention to quit among the SMEs by cease operation or to run at less capacity due to the floods. Since SMEs plays a prominent role to economics, there is a need for Qardhul Hasan financing scheme in helping those affected SMEs to rebuild their business without going through complicated process and high interest rate from microfinance institutions and banks in order to obtain a loan. Universiti Putra Malaysia Press Ali, Mass Hareeza Jaharuddin, Nor Siah 2015 Book Section PeerReviewed text en http://psasir.upm.edu.my/id/eprint/47249/1/CIB2015-DisasterManagement_MassHareeza%20%282%29.pdf Mohd. Taib, Zaitun and Jaharuddin, Nor Siah (2015) Disaster management: the impact of flood disaster on small medium enterprises in Malaysia. In: Global Management Literature. Universiti Putra Malaysia Press, Serdang, Selangor, pp. 112-122. ISBN 9789673445127 https://www.researchgate.net/publication/336510227_DISASTER_MANAGEMENT_THE_IMPACT_OF_FLOOD_DISASTER_ON_SMALL_MEDIUM_ENTERPRISES_IN_MALAYSIA |
| spellingShingle | Mohd. Taib, Zaitun Jaharuddin, Nor Siah Disaster management: the impact of flood disaster on small medium enterprises in Malaysia |
| title | Disaster management: the impact of flood disaster on small medium enterprises in Malaysia |
| title_full | Disaster management: the impact of flood disaster on small medium enterprises in Malaysia |
| title_fullStr | Disaster management: the impact of flood disaster on small medium enterprises in Malaysia |
| title_full_unstemmed | Disaster management: the impact of flood disaster on small medium enterprises in Malaysia |
| title_short | Disaster management: the impact of flood disaster on small medium enterprises in Malaysia |
| title_sort | disaster management the impact of flood disaster on small medium enterprises in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/47249/1/CIB2015-DisasterManagement_MassHareeza%20%282%29.pdf |
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